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I am brand new to this real estate investing. I have spent the last 2 years getting my finances straight and am now on the road to saving for my first rental property. Any advice and insight is appreciated!
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I have been reading @Scott Trench book Set for Life and a question occurred to me while reading that I am hoping to get some insight to. It says that the first priority after paying off all bad debt is to accumulate ...
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Any suggestions for a great real estate book? And what’s your reason?
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I am in a very frustrating stage in my life. I want to buy my first property but me and my girlfriend agreed that we will pay off all of our dept and then we will save up 25k before looking to house hack. Even though ...
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It's been about three years since I started out on this real estate and personal finance journey. While I still have plenty of work to do and likely several more years of investing to achieve my financial and real est...
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Currently, I’m getting through “profit first“ for real estate investors (book). It’s giving the advice of setting up multiple accounts for different purposes, and my question is, what banks do you currently bank with ...
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One of my first mistakes in the process of learning about banks/financing and getting mortgages was the whole concept of shopping around. I think I was nervous about the 'dautning' task of getting financing, and when...
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Looking to save money for my children for expenses throughout their life (first car, braces, sports/ class trips, etc).Currently saving the majority of the money in a CD (2.8% interest) so the exposure to inflation is...
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My situation is that I'm 45 years old and I have a 401K with my current employer. They match 100% up to 3% then 50% up to 5%. So I contribute 5% and get 4%, immediately vested. I've been contributing this for about 13...
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We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...